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Howard Hanna Real Estate Services

1015 NEW YORK AVE, Union City, NJ 07087

  • $889,000

  • MLS#: 160011355

Listing Presented By

(201) 435-8001

Investment - Union City, NJ

Located in one of New Jersey' s premier investment cities, this extraordinary investment opportunity comprises of a three story mixed-use building with a 1,200 sf retail grocery store plus a three bedroom apartment, a two bedroom apartment and 4 car garage. All encompassed in a solid brick corner building being sold as is. The Building is being sold with the existing retail business which yields an impressive cap rate for any investor and is located on an excellent location on New York Avenue with doorstep transportation to Hoboken and NYC. This building is only one mile away from Hoboken and 3 miles from NYC. An investor willing to see the opportunity will appreciate the unobstructed rooftop views of downtown Manhattan, should you decide to build a rooftop deck or expand the living space over the garages.There is endless potential and investment opportunity with this property. Union City has become a primary residential enclave for residents seeking convenient housing with direct access to employment and entertainment hubs. Located along an attractive corridor, near the heights section of Jersey City. Presently, the area is sought after as an economical alternative to the more expensive waterfront areas nearby. As projected development continues, Union City is expected to experience a surge in pricing and residency.

  • $889,000
  • Commercial
  • MLS#: 160011355
  • Last Updated: August 10, 2016
  • Posted: August 3, 2016

1015 NEW YORK AVE, Union City, NJ 07087 MLS#: 160011355

1015 NEW YORK AVE, Union City, NJ 07087 is an , Commercial in Union City, New Jersey for $889,000 with MLS#: 160011355 and offered by JOSE ORTEGA of GARABEDIAN REALTY GROUP, LLC. To learn more about 1015 NEW YORK AVE, Union City, NJ 07087 contact JOSE ORTEGA for more information or to request a showing.

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